| IPO Company Profile © ipodata.com |
| Message Board | Quote | Chart | News | SEC Filings | Peer IPO Companies |
| Sonus Networks, Inc. |
| 5 Carlisle Road, Westford, MA 01886 * (978) 692-8999 |
| Business Description | The company is a leading provider of voice infrastructure products for the new public network. Their hardware and software enables customers to deploy an integrated, packet-based network carrying both voice and data traffic. |
| Offering Information Company has | |||
| Trading As | SONS (NASNTL) | Industry | High-Tech |
| Type of Stock Offered | Common Shares | Filing Date | 3/10/00 |
| Domestic Shares Offered | 5,000,000 | Offer Date | 5/24/00 |
| Foreign Shares Offered | 0 | Filing Range | $19.00 - $21.00 |
| Company Shares | 5,000,000 | Offer Price | $23.00 |
| Selling Shrhldrs Shares | 0 | Gross Spread | $1.610 |
| Gross Proceeds | $115,000,000 | Selling | $0.960 |
| Expenses | - - | Reallowance | $0.100 |
| Post-IPO Shares | 60,420,000 | Employees | - - |
| Primary Underwriting Group | ||
| Underwriter Name | Participation | Underwriter Phone |
| Goldman, Sachs & Co. | Lead Manager | (212) 902-5959 |
| J.P. Morgan & Co. | Co-manager | (212) 648-0517 |
| Lehman Brothers Incorporated | Co-manager | (212) 526-8100 |
| Robertson, Stephens & Company | Co-manager | (415) 989-8500 |
| Income Statement and Cash Flow Summary | |||||||
| Prior Audited Income |
Latest Unaudited Income | ||||||
| Full Year Audited Figures | - - Months Ending | ||||||
| Figures in U.S. millions except per share data | 12/31/97 | 12/31/98 | 12/31/99 | ||||
| Revenues | - | - | 0.000 | 0.000 | 0.000 | - | - |
| Income from Oper. | - | - | -0.486 | -7.228 | -24.374 | - | - |
| Net Income | - | - | -0.461 | -6.914 | -23.887 | - | - |
| E.P.S | - | - | -0.461 | -4.270 | -5.530 | - | - |
| Revenue Growth (%) | - | - | - | - | - | ||
| Net Income Growth (%) | - | - | - | - | - | ||
| Oper. Profit Margin (%) | - | - | - | - | - | - | - |
| Net Profit Margin (%) | - | - | - | - | - | - | - |
| Cash Flow - Oper. | -15.98 | - | - | ||||
| Cash Flow - Inv. | -6.35 | - | - | ||||
| Cash Flow - Fin. | 27.63 | - | - | ||||
| Balance Sheet Summary and Financial Ratios | |||||
| Balance sheet as of: 12/31/99 | Financial Ratios | ||||
| Total Assets | 30.78 | Current Assets | 26.07 | Current Ratio | 4.03 |
| Total Liab. | 55.98 | Current Liab. | 6.47 | Debt Ratio | 181.86% |
| Total Equity | -25.20 | Working Cap. | 19.60 | Debt to Equity Ratio | - |
| Cash | 8.89 | Return on Assets | - | ||
| Use Of Proceeds |
The proceeds from the proposed offering will be used for general corporate purposes including working capital and capital expenditures. |
| Legal Counsel Registrar Auditor | |
| Issuer's Law Firm | Bingham, Dana & Gould |
| Bank's Law Firm | Ropes & Gray |
| Auditor | Arthur Andersen |
| Send us feedback if you would like to request that we hyperlink a firm on this page | |
| Principal Shareholders | ||
| Name of Shareholder | % Owned Before | % Owned After |
| North Bridge Venture Partners and affiliated entities | 13.50 | |
| Matrix Partners and affiliated entities | 13.50 | |
| Charles River Ventures and affiliated entities | 13.50 | |
| Bedrock Capital Partners and affiliated entities | 7.30 | |
| Note: represents ownership of 5% or more prior to the offering. | ||